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NBK Capital Partners backed KLS acquires leading private school in Egypt

NBK Capital Partners – an alternative investments firm that advises on providing flexible growth capital to mid-sized companies in the Middle East, North Africa and Turkey – has advised on the [...]

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Loftleidir Cabo Verde acquires 51% of TACV airline

The sale of 51% of the shares representing the capital stock of Transportes Aéreos de Cabo Verde (TACV) to Loftleidir Cabo Verde will take place on Friday, 1 March, the Cape Verdean government [...]

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Vunani subsidiary acquires majority shares in Metropolitan Life Swaziland

Fund manager Vunani said on Tuesday its subsidiary Telos had concluded a deal to acquire 67 percent of Metropolitan Life Swaziland for R55 million, subject to regulatory approval. The remaining [...]

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Egyptian startup GoodsMart raises further funding from Algebra Ventures

Egyptian online grocery service GoodsMart has secures additional funding from Algebra Ventures as it prepares to raises its Series B round on the back of strong growth. GoodsMart allows customers [...]

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Consortium to take minority stake in South Africa’s Cell C

Blue Label Telecoms said on Friday a consortium had agreed to take a minority stake in South Africa’s third largest mobile carrier Cell C, of which it owns 45 percent. The company said that [...]

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OPIC provides financing to SunFunder’s SET Fund

The Overseas Private Investment Corporation (OPIC) has provided initial financing to SunFunder’s $85m Solar Energy Transformation Fund, which supports businesses providing solar solutions to some [...]

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Private Property South Africa acquires Property Buyer Show

Private Property South Africa (Pty) Limited has acquired the Property Buyer Show, South Africa’s premier property expo, from media company Spintelligent. The transaction became effective on 1 [...]

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Sun Exchange signs fund agreement with Decentral Energy

Solar-generation microleasing platform Sun Exchange on Tuesday announced that it had signed an agreement with Johannesburg-based boutique clean energy fund manager Decentral Energy, said Sun [...]

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CDG Capital Private Equity invests in SCE Chemicals

CDG Capital Private Equity, the private equity firm focused on growth investments for SMEs in Morocco, announced an investment in SCE Chemicals, a leading company manufacturing specialty [...]

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Finnfund invests in Tanzanian avocado producer

Finnfund, a Finnish development finance company, has provided a €2.5m secured loan to Africado, a Tanzanian avocado producer. “We want to support the growth of Africado as well as strengthen the [...]

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SA software startup RapidDeploy raises $12mn to accelerate growth

South African tech startup RapidDeploy, whose cloud-based software enables public safety officials to reduce emergency response times and improve situational awareness, has raised $12 million [...]

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Aker Plans to Raise Equity for Ghana Venture, Possibly With IPO

Aker plans to invite other investors into its oil project in Ghana, either through an initial public offering for Aker Energy or another transaction, CEO Oyvind Eriksen said at a quarterly [...]

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IPAE 2 gets €25 million at second closing

Investisseurs & Partenaires, has announced the intermediate closing of its fund I&P Afrique Entrepreneurs 2 (IPAE 2), bringing the fund’s investment capacity to €75m. I&P Afrique [...]

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South African Blockchain-Based Solar Firm Raises $1M+ In ICO

The Sun Exchange, a South African blockchain-based solar micro-leasing marketplace, has concluded an initial coin offering, raising more than $1 million. The ICO, which ended on Dec. 31, only [...]

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